Guan Cong
Stories by Guan Cong
Plight of China’s gig workers poses policymaking dilemma as state seeks to find middle ground
China’s regulators have urged its on-demand sector to put greater emphasis on gig workers’ rights.
Chinese firms looking to tap the US markets stare at a rocky path
Several data-rich Chinese firms suspended their overseas share sale plans after the Didi fallout.
How SoftBank’s six-year, $11b bet on Chinese ride-hailer Didi turned sour
As of Friday’s close, SoftBank's stake was worth just around $11.2 billion, making the bet barely profitable.
Tencent to reposition short-video app Weishi to focus on movie content
Weishi has struggled to win users amid pressure from ByteDance’s Douyin and Kuaishou app.
Chinese video streaming platform Bilibili bags nod for HK secondary listing
Bilibili counts Tencent, Alibaba Group and Sony Corp as investors.
‘Blood and sweat’ doesn’t pay off for China’s pool of delivery workers
Many delivery workers lack the same labor protections as employees in more formal lines of work.
The brutal human cost of Chinese e-commerce upstart Pinduoduo’s breakneck expansion
Young professionals in China have seen working for a promising unicorn as an aspirational sign of success.
Huawei and Tencent aren’t playing around over mobile gaming revenue
Both have agreed to a 50-50 revenue split for the time being while they continue to negotiate.
ByteDance to square off against Alibaba, Tencent in digital payments with Douyin Pay
ByteDance is accelerating its move into e-commerce.
US to control TikTok Global board as China keeps majority ownership
The deal with Oracle and Walmart could value TikTok Global at over $60 billion.
